The Jets formally notified the Metropolitan Transportation Authority yesterday that the team would not buy development rights at the West Side railyards for a stadium that would be used for football and trade shows. After nearly five years of effort, the $2.2 billion project suffered a potentially fatal setback in June when state legislative leaders refused to approve the stadium, which had been opposed by some neighborhood and civic groups. The team is negotiating to build a stadium in New Jersey that would also house the Giants, while also exploring the possibility of building its own home in Queens.

NoLandGrab: So NoLandGrab doesn't have a cable network, television stations, and millions of dollars to speand on telling folks why Bruce Ratner's arena and high-rise towers in Prospect Heights (and coming soon to Ft. Greene and Park Slope) is a bad idea. But remember, this ISN'T A DONE DEAL.

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